PRIVATE LISTING: A Boutique Aparthotel Project with soul, history, and a clear vision for the future (with building permit)
Torreblanca, Fuengirola, Malaga province
6,995,000 € Updated 10 days ago
1.862 m² built, 4.657 m² plot
Investment for sale in Torreblanca
The property is located on an elevated plot in Fuengirola, and this exclusive finca of more than 4,000 m² comprises a luxury aparthotel project with three luxury Penthouses and apartments (16 units) 2 rooms with en-suite bathrooms, high-quality restaurant fitness and spa facilities & exceptional common areas.
The building permit has already been granted and paid for, and the architect’s execution project has been completed. Everything is ready to begin the next phase of development.
Within the same building permit, the project can also be adapted for hotel operation instead of aparthotel use, with an expected classification of 3–4 stars: Block 1: 7 double rooms, Block 2: 15 double rooms, Block 3: 10 double rooms. In total, a minimum of 32 rooms plus the main building with suites and a high-quality restaurant – approximately 35 units in operation.
The project can be developed in phases. The three side buildings do not need to be constructed at the same time. The construction cost per double room is estimated at approximately EUR 130,000, depending on the level of luxury selected. It will be possible to start with one building while continuing to operate the restaurant and the three existing luxury apartments.
The basement of Building 1 can be used for service functions (laundry, storage), while the basements of Buildings 2 and 3 can be used for value-creating facilities such as spa, sauna, Turkish bath, fitness, treatment rooms, group rooms, and activities open to external guests. The current fitness area can be converted into a terrace bar and lounge area.
Buildability (The plot is classified as UAS-2)
Maximum Buildable Area 0.40 m² per m² of plot
This means you can build 40% of the total plot size as constructed floor area.
For a plot of 4,657 m²:
Maximum buildable area = 1,862.8 m²
Additional Key Limits
Maximum footprint (ground coverage): 20% of the plot (approx. 931 m²)
Maximum height: Ground floor + 1 upper floor
Maximum height in meters: 7.0 m
Density: 1 dwelling per 200 m² of plot
Property Details
- SPCRM4592
- Investment
- 1.862 m² Built
- 4.657 m² Plot
Price, costs & taxes
| Asking price | 6,995,000 € |
|---|---|
| Built m² | 1.862 m² |
| Price per m² Built | 3.757 € |
The sale price does not include expenses and taxes. Additional costs for the buyer: registration and notary fees, ITP (Transfer Tax) or in its absence VAT, and AJD (Stamp Duty) on new properties and subject to some requirements to be met. These costs and taxes are different depending on the province / autonomous community where the property is located and even on certain specific aspects of the buyer. All details and information sheet are available upon request from Strand Properties. This information is subject to errors, omissions, modifications, prior sale or withdrawal from the market.
About the building
| Property type | Investment |
|---|---|
| EPC | In Progress |
Listing agent
Strand Properties Real Estate agents in Fuengirola +34 676 90 15 19
Location
- Torreblanca
- Fuengirola
- Malaga province
Disclaimer This is a property advertisement (REF SPCRM4592) provided and maintained by Strand Properties, Avda. Playas de Duque, Edif. Málaga 1C 29660 Marbella - Puerto Banús Málaga, and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties. PropertyTop.com does not own or control and is not responsible for the properties,website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to.